News Coverage
![]()
IIFL to raise up to Rs 500Cr through NCDs
18 Feb, 2021, 07:32 IST
| Mumbai, India
There will be a base issue of Rs 250 crore, with an option to retain oversubscription up to another Rs 250 crore. The NCDs will be listed on the BSE and the NSE, with a face value of Rs 1,000. They will be in the nature of subordinated debt and will be eligible for Tier II capital.
